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Business, 25.12.2019 02:31 tvrgrvJfbhh3881

Consider the following game. you pay me an entry fee of x dollars, then i roll a fair die. if the die shows a number less than 3, i pay you nothing; if the die shows a 3 or 4, i give you back your entry fee of x dollars; if the die shows a 5, i will pay you $1; and if the die shows a 6, i pay you $3. what value of x makes the game fair (in terms of expected value) for both of us

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